Need help on lumpsum investment

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manojss84 asked 8 years ago

I would like to invest an amount of Rs 2 Lakh (1 Lakh each) in two Mutual funds through Lumpsum for a period of 10 years. Can you please recommend few of those. I am already investing in SIP for an amount of Rs 30K per month. Few of them include SBI BlueChip Fund Mirae Asset India Oppurtunities Mirae Asset Emerging Bluechip Franklin Smaller Companies UTI Dynamic bond Tata Balanced fund HDFC Balanced fund HDFC MidCap oppurtunities fund

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Sreekanth Staff answered 8 years ago

Hi, The mentioned funds are good ones. You may make additional investment (Rs 2 lakh) in some of your existing funds itself. Ex : HDFC balanced fund / Mirae Emerging / SBI bluechip .. Investing in too many funds may not be really beneficial. Related articles : https://www.relakhs.com/best-mutual-fund-scheme-risk-ratios/ https://www.relakhs.com/mutual-fund-portfolio-overlap-comparison-tools/ https://www.relakhs.com/200-day-moving-average-dma-mutual-funds/